Court Blocks FCCPC Move On Airtime Lending
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A Federal High Court in Lagos has rejected a fresh request by the Federal Competition and Consumer Protection Commission to lift an interim order stopping it from enforcing parts of its lending rules.
LIST OF APPLICATIONS FOR REGULARISATION OF AREA COUNCIL LAND DOCUMENTS NULLIFIED/CANCELLED BY THE HONOURABLE MINISTER OF FCT
The case centres on airtime lending practices involving telecom service providers.
LIST OF APPLICATIONS FOR REGULARISATION OF AREA COUNCIL LAND DOCUMENTS NULLIFIED/CANCELLED BY THE HONOURABLE MINISTER OF FCT
The court refused to set aside the earlier injunction that protects members of the Wireless Application Service Providers Association of Nigeria from the disputed provisions of the DEON Regulations 2025.
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This means the restrictions remain in place for now.
The FCCPC had asked the court to allow enforcement of the rules, which cover digital and non-traditional consumer lending.
However, the judge maintained the status quo pending further hearing of the case.
The ruling keeps the legal battle ongoing, with stakeholders watching closely as it could shape how airtime lending and digital credit services are regulated in Nigeria.
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